thread: Do you RENT or OWN your own home?

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  1. #1
    Registered User

    Nov 2009
    In Paradise
    2,022

    Smile Do you RENT or OWN your own home?

    Just a quick question for everyone out there.....

    And how much do you pay a week?

  2. #2
    Registered User

    Apr 2010
    WA
    457

    New to mortgage land in WA-ouch.We might "own" a few bricks by nwo.
    $500/week. That was the low end of the market.

  3. #3

    Jan 2008
    3,107

    Own. Dp pays 280 a week which is more than he should pay

  4. #4
    Registered User
    Add CrazyLady on Facebook

    Aug 2009
    2,328

    New to mortgage land in WA-ouch.We might "own" a few bricks by nwo.
    $500/week. That was the low end of the market.
    likewise! I feel that not having a stress that the landlord might call for an inspection worth the extra though!

  5. #5
    Registered User

    Feb 2008
    Near the Snowies!
    2,975

    rent - $250/week but it is worth much more than that!

    Would love to own our own house but TBH the thought does scare me a bit, means you're kind of tied to that house, that town..don't know if we're ready to really settle where we are!

  6. #6
    Registered User

    Aug 2006
    Terrace BC, Canada
    1,004

    own - I live in a very small town in North Western Canada so this may not be relevant but our mortgage is $1000 (CAN) a month.

  7. #7
    Registered User

    Dec 2007
    Victoria
    7,260

    We rent from the bank


    We pay about $710 f/n on a $220K loan.

  8. #8
    2014 BellyBelly RAK Recipient.

    Oct 2007
    Outer South East Melbourne :)
    4,346

    Well we have a mortgage, so don't "own" the house as such and we pay $943 per fortnight.

  9. #9
    Registered User

    Apr 2009
    in the garden
    3,767

    Rent. We pay $340 a week for a 3brm townhouse which is waaaaay too small but I am iffy about paying $100 a week more for another bedroom

  10. #10
    Registered User

    Mar 2007
    6,900

    Rent! $330 a week for a 3 bedroom house in a nice area.

  11. #11
    Registered User

    Apr 2009
    Epping, VIC
    2,546

    The bank owns our home, and sometimes it feels like they own us too!
    We pay $1100 a fortnight, I think the min repayment is $900 a f/n.
    Hoping the interest rates stay down!

  12. #12
    Registered User

    Apr 2010
    1,118

    We have two houses. Pay about $160 a week but most of that is offset by rent on one of the houses.
    Soon we'll have three houses, will pay about $280pw and all of that will be offset by rent on two of the houses.

    If we wanted to rent out house #3 it would cost us over $300pw so I think getting it for basically free is a good deal ...

    Catch is we're marginal borrowers so we're still scraping up the deposit for the third

  13. #13
    Registered User

    Dec 2005
    6,706

    Renting. $280/week for a tiny three bedroom place. It suits us, but if we have more children we will need somewhere bigger.

    BW

  14. #14
    Registered User

    Apr 2008
    Melbourne
    6,745

    Mortgage - we pay about $1800 a month (actually we couldn't rent our house for that so we are pretty happy)

  15. #15
    Registered User

    Oct 2008
    Canning Vale, Perth
    1,318

    Do you RENT or OWN your own home?

    When I was with XP we paid $320 a week rent for an old 3 bedroom house in an average suburb. Very close to beach though.
    Now I rent with a 'friend' and we pay $280 a week for a renovated 3 bedroom flat in possibly the worst suburb in Perth, and is almost in te hills (25 min drive to CBD which is far for Perth).
    In 2 weeks I'm moving in with my parents gonna be paying $200 a week but it's going off the 7k I owe my dad so effectively I'll be getting rent food and bills free whilst paying off my loan

  16. #16
    Registered User

    Oct 2009
    Bonbeach, Melbourne
    7,177

    Do you RENT or OWN your own home?

    We currently rent in a sharehouse in yarraville, $150 p/w so nice and cheap, but it IS a sharehouse and not that nice lol We'll be moving in the coming months, staying in the same area because it's lovely, looking at two bedroom flats or townhouses for $250 p/w.

  17. #17
    BellyBelly Life Subscriber

    Jun 2005
    Blue Mountains
    5,086

    Renting. $360 p/w. A mortgage would mean I would have to work.. and it's important to us that I stay home with the kidlets